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- July 2: No changes.
- July 1: No changes.
- June 30: No changes.
- June 27: Increase 2024-crop cotton sales. Details below.
- June 26: No changes.
*Note: Check below daily to see if we recommend catch-up sales for individual markets.
Corn | |
|---|---|
| Cash-only marketers | 2024 crop: 70% sold 2025 crop: 20% forward sold |
| Hedgers — cash sales | 2024 crop: 70% sold 2025 crop: 20% forward sold |
| Hedgers — futures/options | No position. |
| Wait on an extended corrective bounce to increase sales. | |
Soybeans | |
| Cash-only marketers | 2024 crop: 65% sold 2025 crop: 10% forward sold |
| Hedgers — cash sales | 2024 crop: 65% sold 2025 crop: 10% forward sold |
| Hedgers — futures/options | No position. |
| Wait on a move back to the recent highs or higher to make additional old- and new-crop sales. | |
Wheat | |
| Cash-only marketers | 2025-crop: 30% sold. 2026-crop: 10% forward sold. |
| Hedgers — cash sales | 2025-crop: 30% sold. 2026-crop: 10% forward sold. |
| Hedgers — futures/options | none |
| Be prepared to increase sales if recent gains are extended. | |
Cotton | |
| Cash-only marketers | 2024 crop: 75% sold |
| Hedgers — cash sales | 2024 crop: 75% sold |
| Hedgers — futures/options | No position. |
| Be prepared to finish old-crop sales by the end of the 2024-25 marketing year on July 31. | |
| Livestock | |
Cattle | |
| 2nd qtr. 2025 | 0% |
| 3rd qtr. 2025 | 0% |
| 4th qtr. 2025 | 0% |
| 1st qtr. 2026 | 0% |
| Fed cattle producers should continue to carry risk in the cash market. | |
Hogs | |
| 2nd qtr. 2025 | 0% |
| 3rd qtr. 2025 | 0% |
| 4th qtr. 2025 | 0% |
| 1st qtr. 2026 | 0% |
Carry all production risk in the cash market.
| |
Feed | |
| Corn | |
| 2nd qtr. 2025 | 100% |
| 3rd qtr. 2025 | 83% |
| 4th qtr. 2025 | 17% |
| 1st qtr. 2026 | 0% |
| You have all corn-for-feed needs through August covered in the cash market, along with half of your needs for September and October. | |
| Meal | |
| 2nd qtr. 2025 | 100% |
| 3rd qtr. 2025 | 66% |
| 4th qtr. 2025 | 50% |
| 1st qtr. 2026 | 0% |
| You have full coverage in the cash market through July, with half of your needs for August, September, October, November and December covered in cash. |